https://www.taxtmi.com/caselaws?id=469247 Penalty under section 270A(9) of the Income-tax Act could not be sustained where the Assessing Officer failed to specify which enumerated instance of under-reporting or misreporting in clauses (a) to (f) was attracted. The Tribunal noted that a vague reference to under-reporting in consequence of misreporting did not satisfy the statutory requirement, showed non-application of mind, and deprived the assessee of fair notice and natural justice. It applied the principle that penalty provisions must be strictly construed and cannot rest on an unspecified allegation. The penalty order was quashed. en-us Tue, 04 Mar 2025 00:00:00 +0530 Thu, 11 Jun 2026 11:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469247 Penalty under section 270A(9) of the Income-tax Act could not be sustained where the Assessing Officer failed to specify which enumerated instance of under-reporting or misreporting in clauses (a) to (f) was attracted. The Tribunal noted that a vague reference to under-reporting in consequence of misreporting did not satisfy the statutory requirement, showed non-application of mind, and deprived the assessee of fair notice and natural justice. It applied the principle that penalty provisions must be strictly construed and cannot rest on an unspecified allegation. The penalty order was quashed. Case-Laws Income Tax Tue, 04 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469247